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the head of israel's central bank will weigh in on that and america's fiscal mess. he's with me exclusively coming up. >> looking forward to that. >>> plus, we'll head thrive israel for the latest on efforts to end the seven days of fighting coming up. >>> if you were not with us earlier today, fed chairman bernanke said that the fed does not have the tools to offset the worst case scenario of going over the fiscal cliff. >> his comments earlier, the market really impacted by his comments about the fiscal cliff before rebounding. as soon as mr. bernanke said they are out of tools and it's on congress, the dow went from down 17 points to down 70. since then, we have come all the way back. now we're down 24. look at this intraday chart. >> is there a floor under this market? i want to show you something. i was reading in the car coming down here today. this is the latest "time" magazine. this is an article in this week's issue that wonders why stocks are dead. why didn't they put it on the cover? that would have been the perfect contrary indicator. they ponder whether
the head of israel's central bank will weigh in on that and america's fiscal mess. he's with me exclusively coming up. >> looking forward to that. >>> plus, we'll head thrive israel for the latest on efforts to end the seven days of fighting coming up. >>> if you were not with us earlier today, fed chairman bernanke said that the fed does not have the tools to offset the worst case scenario of going over the fiscal cliff. >> his comments earlier, the market really...
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Nov 21, 2012
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is hamas fired. vÑnjrockets into israel for weeks. a reallyore9l important stock ia trip will be in cairo when she meets the egyptian president. on the one hand,1o egyptian government is much hamas and s more clearly with it. pt needsto deserve its relationh thecm u.s., with europe,b;zw-e i and others. think youwmw2ñ wiy clinton make it clearg2s to the egyptian leadership that they have got toúunm use their influe sq%ei+ ÷ firing rockets. fjc&nñçuwfthey fired aq/ 8j=/m today which is nonsensical given how many pounds of thousands of major objective forthe[v$ secr. >> theárqíwo# israelinn! office expressing that there should be >> m%çit haség f been 643mó ye . clearly what has ton,yÑl%yz%oákr the cease-fire established, there has to be a big political andkdcc7÷ diplomatic push to tro israelistinians and into to the palestinians are divided xwfó palestinian authority in the ramallah and the+ palestinian leadership in gaza. gw8n>(yjtbk[that is the firstt thegzfq arabs think very carefuy 6 bzabout making%bót$r
is hamas fired. vÑnjrockets into israel for weeks. a reallyore9l important stock ia trip will be in cairo when she meets the egyptian president. on the one hand,1o egyptian government is much hamas and s more clearly with it. pt needsto deserve its relationh thecm u.s., with europe,b;zw-e i and others. think youwmw2ñ wiy clinton make it clearg2s to the egyptian leadership that they have got toúunm use their influe sq%ei+ ÷ firing rockets. fjc&nñçuwfthey fired aq/ 8j=/m today which...
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Nov 20, 2012
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the world watching how the events unfold in israel. bank of israel governor stan fischer is with me now with reaction. good to have you on the program. thanks for joining us. >> thank you, maria. >> what can you tell us about what's happening on the ground right now? how are you, the environment that you are in, talk of a cease fire, what are you hearing on the ground, stan? >> well, we just follow the news from you and from others, and it looks like this is going to be postponed for at least a day. but in terms of what's happening in the economy, which of course we follow very closely, it depends how long it goes on. so far there are no major impacts. the financial markets are very stable. there are no big movements. the stock market's pretty stable, and if this ends in a day or two, we'll come out of it without much impact on the economy despite all the very difficult scenes that we're seeing at the moment. >> stan, last week you said the israeli economy may grow faster than the 3% next year many were expecting. are you sticking with
the world watching how the events unfold in israel. bank of israel governor stan fischer is with me now with reaction. good to have you on the program. thanks for joining us. >> thank you, maria. >> what can you tell us about what's happening on the ground right now? how are you, the environment that you are in, talk of a cease fire, what are you hearing on the ground, stan? >> well, we just follow the news from you and from others, and it looks like this is going to be...
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Nov 21, 2012
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how close is israel to a full out war? for the clinton house broker a cease-fire, but the firing has not stopped. we will break it all down. and staggering news from hewlett-packard. evidence of financial fraud in connection with a software company they acquired last year, this one could have huge impact on the bottom line, and the stock market as a whole. all those details. plus, just in time for black friday, would raising wages for retail workers kickstart the economy? one study says it could boost gdp by 15%. i'm not really buying that. when the people behind that report is here to disagree with me. even when they say it is not, it is always about "money." all right, let's take a look at the headlines, fed chairman ben bernanke warning of dire consequences if we go flying over the fiscal cliff, bernanke says failure to make a deal could trigger another recession. he also says the fed does not have the tools needed to stop another downturn. and they're calling it the largest insider trading case ever. sec charging him w
how close is israel to a full out war? for the clinton house broker a cease-fire, but the firing has not stopped. we will break it all down. and staggering news from hewlett-packard. evidence of financial fraud in connection with a software company they acquired last year, this one could have huge impact on the bottom line, and the stock market as a whole. all those details. plus, just in time for black friday, would raising wages for retail workers kickstart the economy? one study says it...
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the announcement of a truce and end of fighting with israel and hamas and gaza. it could be announced in jerusalem and gaza. there is a slew of arab leaders that will be at the announcement when it takes place. at the same time, u.s. secretary of state hillary clinton is going to be there. benjamin netanyahu will be there for the announcement. israel will stop rocketing on gaza. the details of the agreement are yet to be negotiated. all will be released later on. it is not clear. in the race between war and ground invasion or peace truce, peace has won out. >>> for men are in fbi custody today. the fbi says the group allegedly plotted a violence jihad to kill americans here and abroad. they were allegedly planning to join al qaeda and the taliban in afghanistan. the four suspects were arrested last friday. >>> kevin clash, the long-time voice of elmo is leaving the show after 28 years. clash caught up in a strange story surrounded in controversy after allegations of sex with a minor. the initial accuser sheldon stevens retracted the original claim and retracting
the announcement of a truce and end of fighting with israel and hamas and gaza. it could be announced in jerusalem and gaza. there is a slew of arab leaders that will be at the announcement when it takes place. at the same time, u.s. secretary of state hillary clinton is going to be there. benjamin netanyahu will be there for the announcement. israel will stop rocketing on gaza. the details of the agreement are yet to be negotiated. all will be released later on. it is not clear. in the race...
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Nov 20, 2012
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of a possible cease-fire that could go into effect soon, maybe even as soon as this evening, between israel and hamas and the islamic jihad. more power in two minutes. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but rece
of a possible cease-fire that could go into effect soon, maybe even as soon as this evening, between israel and hamas and the islamic jihad. more power in two minutes. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle...
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israel in response to the overnight attacks. so there's a growing call for this cease fire particularly over 100 people killed within gaza now. 26 of those are children. so nearly a quarter killed has been children which is growing to the call of a necessary cease fire to figure out how these two sides can come to terms to stop this violence for now. >> okay on. thanks very much, chapman. shareholders of glencore have approved the deal with ex-trxst. we'll get more on that. but right now let's get the global markets report in singapore. >> composite slipped to a seven week low. financials, commodities and railway stocks led the losses. the water place rallied. shares in hong kong also turned lower in late trade hurt by weakness in mainland blue chips. in japan, the boj stood pat on monetary policy as expected. the nikkei snapped a four day winning streak. south korean techs rallied with samsung electronics gaining over 2%. the losses in auto mains capped the up side on the kospi. meanwhile commodity majors continued to lend supp
israel in response to the overnight attacks. so there's a growing call for this cease fire particularly over 100 people killed within gaza now. 26 of those are children. so nearly a quarter killed has been children which is growing to the call of a necessary cease fire to figure out how these two sides can come to terms to stop this violence for now. >> okay on. thanks very much, chapman. shareholders of glencore have approved the deal with ex-trxst. we'll get more on that. but right now...
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Nov 21, 2012
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many have friends or family members either in israel or in the gaza strip. today we got a very real sense of what families who are living in that region are going through tonight. we caught up with a resident of gaza via skype this afternoon. a woman who's been praying for a cease fire but judging by the shelling outside her house, it hadn't taken hold yet. >> i was feeling relief when i was hearing about the cease fire. oh, my god. just a second. >> reporter: mona is a project director on the ground in gaza for berkeley based middle east children's alliance, a nonprofit aimed at making life better for palestinian children in the gaza strip. >> people are huddled together. they put blankets over them. they bring the children to them. the kids are terrified. of course, there's no school. they're frightened. >> reporter: barbara and her staff have been in close contact with friends in gaza. many of them have been killed in the past several days since israel launched a military campaign in response to rocket attacks from hamas. >> my mom took me to a shelter in
many have friends or family members either in israel or in the gaza strip. today we got a very real sense of what families who are living in that region are going through tonight. we caught up with a resident of gaza via skype this afternoon. a woman who's been praying for a cease fire but judging by the shelling outside her house, it hadn't taken hold yet. >> i was feeling relief when i was hearing about the cease fire. oh, my god. just a second. >> reporter: mona is a project...
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israel is balking at that. it's reportedly saying it agrees in principle to the lifting of that siege, but not to the timing. they say they want to postpone that, some say until after the elections. >> jim, thank you very much. >>> at $267 million u.s. prosecutors call it the most lucrative insider trading scheme ever. we get reaction from the judge who presided over the raj raj rat man trial and which tablet will santa be carrying this year? americans are always reado work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪
israel is balking at that. it's reportedly saying it agrees in principle to the lifting of that siege, but not to the timing. they say they want to postpone that, some say until after the elections. >> jim, thank you very much. >>> at $267 million u.s. prosecutors call it the most lucrative insider trading scheme ever. we get reaction from the judge who presided over the raj raj rat man trial and which tablet will santa be carrying this year? americans are always reado work hard...
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reports coming out of israel citing officials on israel radio that a truce could be announced as late as tuesday night this evening with the arrival of u.s. secretary of state hillary clinton. that's what's happening outside of gaza. here in gaza it still feels like a war footing. in the last couple of hours the iz rally israelis have warned of imminent attacks on homes and neighborhoods and forcing people to leave their cities and move into central gaza and an indication that a ground invasion may be imminent if a truce is not sealed within the next couple of hours. you can get a sense there's a great sense of fear among ordinary people of gaza that in coming hours it could go either one of two ways. people are hoping it will be a truce but there's no doubt with these types of leaflets and thousands of soldiers amassed on the border, it could be a ominous sign that war is on the horizon. david? >> thank you very much. >> let's head back to headquarters. kate kelly has breaking news for us. >> we just received word that u.s. attorney for the southern district along with enforcement ar
reports coming out of israel citing officials on israel radio that a truce could be announced as late as tuesday night this evening with the arrival of u.s. secretary of state hillary clinton. that's what's happening outside of gaza. here in gaza it still feels like a war footing. in the last couple of hours the iz rally israelis have warned of imminent attacks on homes and neighborhoods and forcing people to leave their cities and move into central gaza and an indication that a ground invasion...
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Nov 15, 2012
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israel definitely does not want to do it. palestinians in gaza are really frightened of this happening because of course their experience with israeli ground invasion is very bitter indeed. israel doesn't want to do it because of the potential pitfalls of how long it can last. you can begin a war. you don't know how it is going to end. it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning about energy drinks. another popular brand could be linked to multiple deaths. that story straight ahead. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker shows you the big picture
israel definitely does not want to do it. palestinians in gaza are really frightened of this happening because of course their experience with israeli ground invasion is very bitter indeed. israel doesn't want to do it because of the potential pitfalls of how long it can last. you can begin a war. you don't know how it is going to end. it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to...
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what it means if israel is willing to act so forcefully with regard to israel, perhaps, and iran. that is the big picture and what would really send oil prices much higher. meantime, tomorrow morning we'll be getting the inventory number on both crude and gas. we are expecting to see the first draw down of the season. back to you. >> all right, bertha. thau thank you. one of those rare days where energy and equity are going in opposite directions. we'll get into that coming up. >>> well, we're looking at a sharp selloff here. better than 200 points now on the dow jones industrial avrm. down 207 points as a president obama meeting with top ceos right now as we speak at white house ahead of meetings on the fiscal cliff with congressional leaders. we're watching these meetings and navigating and monitoring for you. up next, i will talk with the honeywell ceo as soon as he comes out of that meeting. we'll find out if, in fact, compromise was discussed. find out if he thinks a fiscal cliff compromise can be reached. gecko (clearing throat) thank you, mr. speaker, uh, members of congres
what it means if israel is willing to act so forcefully with regard to israel, perhaps, and iran. that is the big picture and what would really send oil prices much higher. meantime, tomorrow morning we'll be getting the inventory number on both crude and gas. we are expecting to see the first draw down of the season. back to you. >> all right, bertha. thau thank you. one of those rare days where energy and equity are going in opposite directions. we'll get into that coming up....
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israel and hamas exchanges more fire overnight. eamon did great duty on nightly with brian williams and he's joining us from the gaza trip. >> let me start off with some interests developments. an audio recording was released saying the organization is still determined, will remain defiant vowing to continue the fight for the liberation of all palestinian lands. this is significant because there was some speculation that he himself may have been actually injured in an attack earlier this week p. the leader of the military wing was the man killed on wednesday. so still very much in command of its forces and the leader vowed to continue the fight. it has targeted about 100 different targets in the gaza strip, palestinian officials say the death toll from the seven days of fighting has reached 115 palestinians with a third being children alone. so you get a sense really that the situation here is still very volatile on the ground despite the flurry of diplomatic activity taking place in cairo. hillary clinton will be arriving later th
israel and hamas exchanges more fire overnight. eamon did great duty on nightly with brian williams and he's joining us from the gaza trip. >> let me start off with some interests developments. an audio recording was released saying the organization is still determined, will remain defiant vowing to continue the fight for the liberation of all palestinian lands. this is significant because there was some speculation that he himself may have been actually injured in an attack earlier this...
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a bomb explodes on board a bus near israel's military headquarters in tel aviv. injuring at least a dozen people. this, as israel continues a week-long series of air strikes aimed across the border into gaza city. monitoring all the overnight developments for us. >> officials in tel aviv confirmed to nbc news a total of 19 people were hurt in that bus blast. this morning, the hunt for the suspects continues. the windows completely shattered. here's the man, reportedly left an explosive device before running away. no one is owning the blast just yet. officials say people are celebrating in the streets of gaza. also in gaza, dozens more rocket blasts just like this overnight, coming from israel. secretary of state clinton is currently meeting with egypt's president in cairo, hoping to broker a deal. experts say this particular meeting could impact our relationship with egypt. >> either decides he's going to try to control hamas or he's not. if he doesn't, we can pull the plug on assistance. >> remember, a cease-fire was supposed to happen yesterday. instead, the de
a bomb explodes on board a bus near israel's military headquarters in tel aviv. injuring at least a dozen people. this, as israel continues a week-long series of air strikes aimed across the border into gaza city. monitoring all the overnight developments for us. >> officials in tel aviv confirmed to nbc news a total of 19 people were hurt in that bus blast. this morning, the hunt for the suspects continues. the windows completely shattered. here's the man, reportedly left an explosive...
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israel wants an immediate end to all weapons smuggling. neither of those demands will be reached today. that's going to take some time. but at least both sides have agreed in principle to these demands and that they need to be worked out. as a result, mandy, there's a collective sigh of relief in this troubled region tonight. back to you. >> thank you very much for the update. >>> let's get down to sharon eper southern at the nymex. as you might imagine, there's been some movement in the energy market. >> definitely. a collective sigh of relief perhaps but traders are still wary. we are still looking at some geopolitical risk premium that remains in this market, though oil is well off of the high. we saw at the beginning of the week and off of the gains we saw earlier in this session. as traders try to weigh what this cease-fire really means in terms of the fact that there's still no comprehensive plan in place. that's what's really influencing the oil trade as we're seeing it right now. we still have brent crude prices that are above $110
israel wants an immediate end to all weapons smuggling. neither of those demands will be reached today. that's going to take some time. but at least both sides have agreed in principle to these demands and that they need to be worked out. as a result, mandy, there's a collective sigh of relief in this troubled region tonight. back to you. >> thank you very much for the update. >>> let's get down to sharon eper southern at the nymex. as you might imagine, there's been some...
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Nov 16, 2012
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civilians in southern israel, israel's main stock index, the tel aviv 25, has fallen 2.5%. tel aviv stock exchange operates sunday to thursday. it's therefore not open today. israel stocks that trade in the u.s., of course, are active today, and that includes -- look at that picture. that includes teva down 4% for the week. givin, down 4%. they are the ones that put the camera in the pill. internet security firm checkpoint down 2%. israel's cell com is up this week based on solid earnings. israel's last major fight before this was also in gaza. in 2008 and '09, the israeli market was 12% higher just one month after the fighting ended from where the market was at the beginning of the war. in 2006, israel fought a month-long war against hezbollah in lebanon. the israeli market rose 5% two months after the cease-fire went into effect from where it stood at the start of the war. israel's biggest brokerage firm is a company called psagot. "i think this pattern is likely to be followed again in the current flare-up if no significant widening of the conflict takes place." simon? >
civilians in southern israel, israel's main stock index, the tel aviv 25, has fallen 2.5%. tel aviv stock exchange operates sunday to thursday. it's therefore not open today. israel stocks that trade in the u.s., of course, are active today, and that includes -- look at that picture. that includes teva down 4% for the week. givin, down 4%. they are the ones that put the camera in the pill. internet security firm checkpoint down 2%. israel's cell com is up this week based on solid earnings....
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considered a terrorist organization by the united states because it continues to refuse to recognize israel as a state. the united states has a policy of not negotiating with terrorist organizations. that's why she's not speaking with anyone in gaza. her visit comes hours after a meeting with israeli officials that lasted late into the night. >>> let's take a look at the markets this morning. we already showed you the futures. they are down slightly. dow futures down by about 23 points. in europe this morning, you'll see that -- also, by the way, a lot happened yesterday. ben bernanke started talking, when he raised some concerns about the fiscal cliff, that once again put pressure on the markets. that's when things turned down yesterday. you'll see in europe, barely budging at this point. in france, the cac is up by about a point. the ftse is down by less than five points. in germany, the dax is up by less than three points. overnight in asia, you'll see that in japan, the nikkei was up by about .8 of a percent. the shanghai composite up by about 1%. the hang seng was up by 1.4%. oil price
considered a terrorist organization by the united states because it continues to refuse to recognize israel as a state. the united states has a policy of not negotiating with terrorist organizations. that's why she's not speaking with anyone in gaza. her visit comes hours after a meeting with israeli officials that lasted late into the night. >>> let's take a look at the markets this morning. we already showed you the futures. they are down slightly. dow futures down by about 23...
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rockets into israel. we're defending ourselves here. you guys have got to stop. that's what's made it so difficult. each side wants the other side to stop firing before they even talk about anything else. >> we'll see where that truce goes. thank you very much, tracie. >>> it is 6:34 right now. happening right now, the port of oakland the center of a labor strike. we have a live look right now over the port of oakland, a pitt foggy out there, as union workers walk off the job this morning. this all part of a 24-hour strike that started last night at oakland international airport following stalled contract negotiations. now those picket lines are moving to the port's container facilities. this is an effort to shut down shipping. the union which represents about 220 maintenance and custodial workers accusing port leaders of withholding important information about its finances. we will have more coming up on today's strike in a live report in about 15 minutes from right now. >>> also keeping our eye on the w
rockets into israel. we're defending ourselves here. you guys have got to stop. that's what's made it so difficult. each side wants the other side to stop firing before they even talk about anything else. >> we'll see where that truce goes. thank you very much, tracie. >>> it is 6:34 right now. happening right now, the port of oakland the center of a labor strike. we have a live look right now over the port of oakland, a pitt foggy out there, as union workers walk off the job...
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she'll meet with israel's prime minister benjamin netanyahu followed by senior officials by the palestinian officials in the west bank and then on to cairo to meet with the muslim brotherhood. none of these developments had noticeable impact on the markets. look at the price of oil, it's down today and holding at $88 a barrel. as for the price of gold, moved up in the last couple of days, but we're down three bucks today. no impact from gaza on oil or gold. president obama wants reelection and right away, fights for higher taxes on the rich. our next guest says he's still an amateur. but first, france's downgrade, that reminded us of this famous movie scene. >> hey, hey! oh! >> count the money, count the money! [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens,
she'll meet with israel's prime minister benjamin netanyahu followed by senior officials by the palestinian officials in the west bank and then on to cairo to meet with the muslim brotherhood. none of these developments had noticeable impact on the markets. look at the price of oil, it's down today and holding at $88 a barrel. as for the price of gold, moved up in the last couple of days, but we're down three bucks today. no impact from gaza on oil or gold. president obama wants reelection and...
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Nov 12, 2012
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israel says it will respond when it's ready. today israel is responding to shelling from its troubled northern neighbor syria where a full-blown civil war is under way. iran, meanwhile, is holding a massive air defense drill just a week after firing on a u.s. drone in international airspace. but what if we didn't have to worry about any of those concerns anymore? well, according to the international energy agency, in 2020 we might not have to. sharon epperson is live at the nymex with the details. >> sue, there is in fact a major transformation that is under way in the oil and gas industry and particularly here in the u.s. and it is going to change the landscape dramatically. in just the next seven years. what the international energy agency is saying is that, of course, for many years, we have seen the concentration of the world's oil production in saudi arabia, and in fact saudi arabia is the second largest exporter to the united states of crude oil. but the iea says that the u.s. is going to overtake saudi arabia as the top o
israel says it will respond when it's ready. today israel is responding to shelling from its troubled northern neighbor syria where a full-blown civil war is under way. iran, meanwhile, is holding a massive air defense drill just a week after firing on a u.s. drone in international airspace. but what if we didn't have to worry about any of those concerns anymore? well, according to the international energy agency, in 2020 we might not have to. sharon epperson is live at the nymex with the...
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total here in israel to four. over on the palestinian side more than 100 people killed as we head into the night hours to figure out if this cease-fire deal is going to get announced or will have a ground offensive by the israeli army. back to you in n-- in new york. >> amazing. we see you with your helmet and bullet proof vest. be careful. we appreciate it very much. >> not one single barrel of oil has been affected by the exchange of fire between israel and hamas, but that doesn't mean that energy markets aren't reacting. oil backing off today on hopes of a cease-fire. but only after climbing to one month highs yesterday. our next guest is joining us now. welcome to the show. in a very basic sense, people make the point that israel does not produce oil, gaza -- >> there's no transportation points. i was asked yesterday well what about the suez canal? egypt is not going to jeopardize all of its relations with the u.s. by closing the suez canal. >> i mean, you're very optimistic to think that this sort of instabil
total here in israel to four. over on the palestinian side more than 100 people killed as we head into the night hours to figure out if this cease-fire deal is going to get announced or will have a ground offensive by the israeli army. back to you in n-- in new york. >> amazing. we see you with your helmet and bullet proof vest. be careful. we appreciate it very much. >> not one single barrel of oil has been affected by the exchange of fire between israel and hamas, but that doesn't...
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from israel. is that what they wanted? >> it's not what they wanted at all. they must have you said stood that was happening. israel very proud today and yesterday of what they call their plan of deception which was to lull a false sense of quiet. there was focus on other areas. israel believed that they were lulling the palestinians in to this false sense of confidence. and i guess it worked because the hamas militant lead who are they killed yesterday in the attack, he's a guy who has been underground for years. he's very hard to find. yet yesterday he was driving along in a car in the streets in gaza with three other people in the car. so it appears that israel's plan of deception actually worked. so to answer your question, apparently hamas was not expecting this attack. >> that's what i don't understand. how could you launch 100 missiles and what would you expect to happen? >> that's a good question. the answer is i don't really know. you would expect to get lacked and in fact they did. but t
from israel. is that what they wanted? >> it's not what they wanted at all. they must have you said stood that was happening. israel very proud today and yesterday of what they call their plan of deception which was to lull a false sense of quiet. there was focus on other areas. israel believed that they were lulling the palestinians in to this false sense of confidence. and i guess it worked because the hamas militant lead who are they killed yesterday in the attack, he's a guy who has...
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Nov 21, 2012
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. >> the fighting between israel and hamas is raging. despi peace talks, it is increasing violence. the u.s. is now getting involved in the conflict after the break. details coming up. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. >> it has been seven days is the escalation of violence in the middle east toward kron 4 is taking a closer look at a gaza strip the most densely populated in the world. we will see how it compares to the bay area, similar and the size. first, grant lodes. >> hillary clinton is now in jerusalem. the secretary of state t
. >> the fighting between israel and hamas is raging. despi peace talks, it is increasing violence. the u.s. is now getting involved in the conflict after the break. details coming up. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting,...
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a lot of this is israel. might not be affecting oil but it is most definitely affecting traders and safe harbor trades. looking at august chart, can you clearly see where two-month low yields on the verge of maybe three. same could be said for the 30-year long bond. now let's switch gears a bit. when it comes to what's going on in the marketplace, maybe we better pay a whole lot of attention to what's going on with the dollar/yen. the dollar's rallied almost 2.5% just in the last two days. you could clearly see these are the best levels in the dollar since april. it isn't all bad news if you're long munis. this is an etf. you could see it didn't take out its highs from february but it's been going up on fiscal cliff issues. many down here definitely listening to housing and ben bernanke. they wonder if his next speech might be about the fact that fha and gses are still carrying the burden of financing along with those guarantees. back to you, tyler. >> thank you very much, rick santelli. >>> president obama i
a lot of this is israel. might not be affecting oil but it is most definitely affecting traders and safe harbor trades. looking at august chart, can you clearly see where two-month low yields on the verge of maybe three. same could be said for the 30-year long bond. now let's switch gears a bit. when it comes to what's going on in the marketplace, maybe we better pay a whole lot of attention to what's going on with the dollar/yen. the dollar's rallied almost 2.5% just in the last two days. you...
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Nov 21, 2012
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we had the cease fire now announced between israel and hamas. if there isn't peace in washington on avoiding a fiscal cliff, will these gains go away in a hurry? >> joining us now, rich bernstein, cnbc contributor, anthony chan, and our own bob posani. bob, so far we've seen, what, trade on two things, right? the middle east and fiscal cliff this week. make sense of it. >> right now this week shows we're up 2% right across the board. we're in the honeymoon period between congress and wall street about fiscal cliff. they think a deal can be done. most of the traders feel we've got until about the week of december 10th to show progress. after that, markets will start turning south. congress holds the keys to a good part of the gdp next year. if we get a decent deal on the fiscal cliff, a moderate agreement, we'll be at 2, 2.5% gdp growth. if we go over the fiscal cliff, we go probably 0% gdp growth and i'm sure that earnings will go negative. think about it. >> i think there's no question that if the federal reserve can't sort of make the economy
we had the cease fire now announced between israel and hamas. if there isn't peace in washington on avoiding a fiscal cliff, will these gains go away in a hurry? >> joining us now, rich bernstein, cnbc contributor, anthony chan, and our own bob posani. bob, so far we've seen, what, trade on two things, right? the middle east and fiscal cliff this week. make sense of it. >> right now this week shows we're up 2% right across the board. we're in the honeymoon period between congress...
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what do you see now on the oil market. >> you're playing israel, if israel invades on land and then decides to go into the trip, then you know that's u.s. escalation you're looking for, the unknown is what will drive the oil price, not that anybody's cutting off the oil, but it could happen. we don't snknow itcf that's goio draw in iran. it's all happening after the election. i think the president had a deal, the deal was do nothing while we're running. syria is right on the border with the problem, this whole thing is coming apart right in front of us a and while we have talked about it for a long time, each month that goes by, israel wants to get more aggressive and now what's to stop them? >> there is a bbc report suggesting that obama and netanyahu have done a deal on the length and the duration of the attacks. "the washington post" this morning is fairly hawkish on what is going on. it talks about if it is drawn out, triggering potentially a barrage of retaliatory attacks from many sides and then worsening relations between egypt and israel. that doesn't necessarily though still knock
what do you see now on the oil market. >> you're playing israel, if israel invades on land and then decides to go into the trip, then you know that's u.s. escalation you're looking for, the unknown is what will drive the oil price, not that anybody's cutting off the oil, but it could happen. we don't snknow itcf that's goio draw in iran. it's all happening after the election. i think the president had a deal, the deal was do nothing while we're running. syria is right on the border with...
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Nov 14, 2012
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in just the last you few minutes we've gotten unconfirmed reports out of israel that they have targeted the home of a second leader, militant leader within the gaza strip. as soon as we know more we'll bring it to you. meantime, let's show you the video of what we do know happened this morning just released by the israeli defense forces. watch that car. that is not a car bomb. that is a targeted air strike by the israeli air force. inside that car is ahmed al gabari. the idf confirming they've killed him, the military leader of hamas. believed to be the mastermind behind the kidnapping of an israeli soldier in 2005, only released last year as part of a very dramatic prisoner exchange. israelis have been trying to get this guy for several years. the last time they missed, instead they got his son and the israelis made clear -- the israeli government made clear starting three days ago they were going to start to pick up their attacks in targeted assassinations of militant leaders within gaza because of rocket fire that had been coming from gaza in to israel. there you see the aftermath of
in just the last you few minutes we've gotten unconfirmed reports out of israel that they have targeted the home of a second leader, militant leader within the gaza strip. as soon as we know more we'll bring it to you. meantime, let's show you the video of what we do know happened this morning just released by the israeli defense forces. watch that car. that is not a car bomb. that is a targeted air strike by the israeli air force. inside that car is ahmed al gabari. the idf confirming they've...
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Nov 22, 2012
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that is a big move by israel. i think it is important to remember the following, the there is cause and effect. when we pulled out of gaza and pulled back, there were no restrictions in place. that they no longer have to fear rockets coming in. the promise of the possibility to live a normal life. >> i understand that it promises the people of gaza a better future we are hearing by the "new york times" that the terms stayed that under lying grievances the border restrictions the movement of people and goods will be addressed 24 hours after the cease fire is in effect. that is a big move by israel. i think it is important to remember the following, the there is cause and effect. when we pulled out of gaza and pulled back, there were no restrictions in place. they were placed when we started to see violence and terrific and rockets aimed at our people. that is only normal. they were shooting at us they couldn't expect to have normal relations. if we were going into a period of quiet, obviously, that changes the real
that is a big move by israel. i think it is important to remember the following, the there is cause and effect. when we pulled out of gaza and pulled back, there were no restrictions in place. that they no longer have to fear rockets coming in. the promise of the possibility to live a normal life. >> i understand that it promises the people of gaza a better future we are hearing by the "new york times" that the terms stayed that under lying grievances the border restrictions the...
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countries like turkey and jordan that immediately border syria and have an impact -- and obviously israel which is having already grave concerns as we do about, for example, movements of chemical weapons that might occur in such a chaotic atmosphere. and that could have an impact not just within syria but on the region as a whole. i'm encouraged to see that the syrian opposition created an umbrella group that may have more cohesion than they've had in the past. we're going to be talking to them. my envoys are going to be traveling to various meetings that are going to be taking place with the international community and the opposition. we consider them a legitimate representative of the aspirations of the syrian people. we're not yet prepared to recognize them as some sort of government in exile, but we do think that it is a broad-based representative group. one of the questions that we're going to continue to press is making sure that that opposition is committed to a democratic syria, an inclusive syria, a moderate syria. we have seen extremist elements insinuate themselves into the opp
countries like turkey and jordan that immediately border syria and have an impact -- and obviously israel which is having already grave concerns as we do about, for example, movements of chemical weapons that might occur in such a chaotic atmosphere. and that could have an impact not just within syria but on the region as a whole. i'm encouraged to see that the syrian opposition created an umbrella group that may have more cohesion than they've had in the past. we're going to be talking to...
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one of the main groups firing on israel, islamic jihad, told us today they won't stop until israel stops its air strikes. "of course," he said. "he wouldn't fire rockets if israel wasn't killing us." israel says the operation is in response to the relentless barrage of rockets flying into southern israel. the israeli defense forces say militants have launched almost 600 rockets into the country in the past three days alone. around a third of which have been intercepted by israel's famed iron dome anti-missile system. since wednesday, three people have died in israel and, for the first time since the gulf war in 1991, the commercial center, tel aviv, has also come under attack. >> the attempt last night by the terrorists in gaza to launch rockets on tel aviv only underscores the danger that the israeli public faces. >> reporter: tonight, a neighborhood of tel aviv, a popular night spot, was quiet. >> i'm stressed, also, but you know, life is continuing. >> reporter: the israeli military isn't taking any chances, as soldiers and armored vehicles mass near the gaza border, preparing for a g
one of the main groups firing on israel, islamic jihad, told us today they won't stop until israel stops its air strikes. "of course," he said. "he wouldn't fire rockets if israel wasn't killing us." israel says the operation is in response to the relentless barrage of rockets flying into southern israel. the israeli defense forces say militants have launched almost 600 rockets into the country in the past three days alone. around a third of which have been intercepted by...
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up obviously israel and syria over the last few weeks, that's better than israel and iran. back to you. >> that's true. bertha, thank you very much for that. congratulations if you are hold cisco shares coming into this session. they are experiencing a good bump on last night's results. we'll talk about what they are doing right and whether risks lie ahead next on the program and who would be affected the most if we go over the fiscal cliff? we'll get up close and personal with the cliff and as we head toward the break, another fiscal cliff fact. >> if lawmakers fail to agree on a plan to avoid the fiscal cliff, increasing tax rates on high income taxpayers will result in over 39,000 jobs lost in florida, 27,000 in ohio, and 76,000 in california. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat
up obviously israel and syria over the last few weeks, that's better than israel and iran. back to you. >> that's true. bertha, thank you very much for that. congratulations if you are hold cisco shares coming into this session. they are experiencing a good bump on last night's results. we'll talk about what they are doing right and whether risks lie ahead next on the program and who would be affected the most if we go over the fiscal cliff? we'll get up close and personal with the cliff...
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sit there and watch -- you saw some of mark grant's stuff yesterday about the tanks on the border in israel and you have the fiscal cliff and you've got europe and -- >> the other thing that we're watching the market and we can't own individual stocks on things, but i have been putting money in the kids' college funds. because watching the climb where you think, okay, some day it will break and then i'll put money in, and when it did finally start to break, i was like okay let's put money in the kids' college funds and feel better about that. just mutual funds . >> remember the mayans. it's december. 200 rockets be fired from -- >> so are you calling for a faber style -- >> he scared me, too. i don't want to be left with 50% of what i have now. do you? >> not at all. but maybe that's a good reason not to by in. >> there's nowhere to hide. >> all the people selling now and going into treasuries. if ire worried we go over the fiscal cliff and we get our ratings downgraded again -- >> ever since the election, i keep trying to just focus right on what we're talking about and that is this high e
sit there and watch -- you saw some of mark grant's stuff yesterday about the tanks on the border in israel and you have the fiscal cliff and you've got europe and -- >> the other thing that we're watching the market and we can't own individual stocks on things, but i have been putting money in the kids' college funds. because watching the climb where you think, okay, some day it will break and then i'll put money in, and when it did finally start to break, i was like okay let's put money...
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a terror attack inside israel. a bomb on a bus in tel aviv. ten injuries reported. secretary of state clinton is in jerusalem and she goes to cairo today. this is "varney & company," an all star, pre-holiday lineup. here we go. >> top story. the unions are excertifying maximum pressure right now the at worst possible time. people want to shop and unions are making both difficult. sciu expects more than a thousand marches at los angeles international airport and say the company they work for, a contractor for the airport broke the union and took away health insurance and demonstrating. and protests planned at o'hare in chicago. a new company providing custodial services there, nonunion, protests. and a strike, and another one at the port in portland. and a huge protest planned at one thousand wal-mart stores on friday. workers angry about wages and benefit and threaten to tie up wal-mart parking lots on what is a crucial shopping day and hostess, the bakers union refusing to make a deal and now the company is going to be liquidated. yes, it is, 18,000 jobs or ther
a terror attack inside israel. a bomb on a bus in tel aviv. ten injuries reported. secretary of state clinton is in jerusalem and she goes to cairo today. this is "varney & company," an all star, pre-holiday lineup. here we go. >> top story. the unions are excertifying maximum pressure right now the at worst possible time. people want to shop and unions are making both difficult. sciu expects more than a thousand marches at los angeles international airport and say the...
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Nov 17, 2012
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hamas refuses to recognize israel. i asked from the peculiars lo which is how much control do they have? i have a lot of sympathy from the poor people of gaza and not hamas who are blasting rockets and the main booed of 1.5 million severely oppressed people living with no hope, no jobs. nothing. what is the way to try and get a better life for them? who can bring that to them? >> i agree with allen that israel certainly has a right to self-defense. a, i would contest the idea that this is an effective way to do that. no israelis have been killed by this shower of hamas rockets which is absolutely unacceptable and deplorable and nobody had been killed until this action. >> you can't wait until it hits a school bus. you have to stop the risk when you have hundreds and hundreds of rockets. you can't wait until it hits a school. >> now israelis have died, and i also, you know, think that at the end of the day this will be an ineffective way of advancing israeli security. i do think that engaging with the palestinian author
hamas refuses to recognize israel. i asked from the peculiars lo which is how much control do they have? i have a lot of sympathy from the poor people of gaza and not hamas who are blasting rockets and the main booed of 1.5 million severely oppressed people living with no hope, no jobs. nothing. what is the way to try and get a better life for them? who can bring that to them? >> i agree with allen that israel certainly has a right to self-defense. a, i would contest the idea that this is...
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much more from gaza, from israel when we come back. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> we knew that when we began this effort there would be many obstacles and difficulties, and there have been
much more from gaza, from israel when we come back. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural...
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Nov 20, 2012
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what does israel want? israel wants hamas to stop firing rockets, especially the long-range rockets, at their populations. certainly there's a good exchange there. but what it's going to take is egyptians or somebody, egyptians are going to be it, providing the security and the guarantees on such an agreement. that's very hard for the egyptians to do. they don't want to be responsible for gaza. so we're going to have to provide -- somebody is going to have to provide inducement for them to do so. i think that's the broad outlines of a cease-fire. a long-term cease-fire. i think it's very doable. >> think about the implications of that. it means the good exchange he talks about is israel stops doing what's legal and that is a blockade and killing terrorists, in exchange for hamas stop doing a double war crime. that's not the way the world should operate. >> let's talk about what is in israel's benefit. what is in israel's benefit and what is the alternative shimon peres was asking about was recognizing they
what does israel want? israel wants hamas to stop firing rockets, especially the long-range rockets, at their populations. certainly there's a good exchange there. but what it's going to take is egyptians or somebody, egyptians are going to be it, providing the security and the guarantees on such an agreement. that's very hard for the egyptians to do. they don't want to be responsible for gaza. so we're going to have to provide -- somebody is going to have to provide inducement for them to do...
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president, if i may, to israel. you have been condemned very vociferously in america for a comment you are said to have made that you wanted israel to be wiped off the map, wiped off the face of the earth. there have been many different interpretations of what you said. you have disputed the meaning that was then translated from the original farsi. let me give you this opportunity to say exactly what you did say and to say exactly what you did mean. >> translator: we have been condemning the united states for many things, for having deposed a dictator with a revolution, for having sought freedom and free elections, for not allowing our oil and national treasure to leave our country freely, for having stood up to very dangerous terrorists in the region, for having stood up against saddam hussein, who enjoyed the backing of many. we stood up against him and did not allow the occupation of our territory. we have been condemned for a great many things. because we said justice for all. the rule of law for all. the right
president, if i may, to israel. you have been condemned very vociferously in america for a comment you are said to have made that you wanted israel to be wiped off the map, wiped off the face of the earth. there have been many different interpretations of what you said. you have disputed the meaning that was then translated from the original farsi. let me give you this opportunity to say exactly what you did say and to say exactly what you did mean. >> translator: we have been condemning...
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Nov 18, 2012
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by israel to choke off gaza. this ladieads from gaza into an arab ally, that's egypt. [ speaking in foreign language ] >> reporter: while the air assault continues in gaza, while the violence increases, what's increased here is the anger by egyptians who want egypt and the government to step up and intervene. >> the people have changed, we have changed and we're not going to take that for -- we're not going to wait for the government move. we're going to take things in our hands and we're going to lead the government into certain positions that is required for egypt. >> reporter: there's roughly 500 protesters here. they have made a seven-hour journey from cairo. now they've lined up down the street, each of them are showing their identifications to security forces and then heading into gaza. we've asked them, when you think you'll come back. they say we don't know, we're just happy we're going in. are you scared? >> yeah, absolutely i'm scared. you hear bombs, you don't know what you're going in there for. but i
by israel to choke off gaza. this ladieads from gaza into an arab ally, that's egypt. [ speaking in foreign language ] >> reporter: while the air assault continues in gaza, while the violence increases, what's increased here is the anger by egyptians who want egypt and the government to step up and intervene. >> the people have changed, we have changed and we're not going to take that for -- we're not going to wait for the government move. we're going to take things in our hands and...
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as we continue to see fighting escalate in the gaza strip as we continue to watch what israel and what palestinians are doing in the area and the fact that there does not appear to be any cease-fire on the horizon although egypt's prime minister is in gaza today urging some international cooperation. we're also looking at the fact that oil prices here in the u.s. have basically erased this week's losses because of the gains that we're seeing currently in the oil complex. we're also hearing reports about iraqi enjoy saying that arabs should use oil to press israel over gaza. those headlines helping to cause this bid in the oil complex. in the gold market, we've seen steady declines over the last several sessions and now a little bit of stabilization in the gold market. there are concerns based on the world gold council report about demand particularly out of china. we've seen the cme lower margins for gold and silver so that may have an impact on the trading activity from here. carl, back to you at the white house. >> all right. thanks so much. in a half hour from now the president will
as we continue to see fighting escalate in the gaza strip as we continue to watch what israel and what palestinians are doing in the area and the fact that there does not appear to be any cease-fire on the horizon although egypt's prime minister is in gaza today urging some international cooperation. we're also looking at the fact that oil prices here in the u.s. have basically erased this week's losses because of the gains that we're seeing currently in the oil complex. we're also hearing...
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opening border crossings and easing israel's economic blockade in gaza. crowds in gaza celebrated at the end of the eight-day deadly conflict. >>> so ken, the palestinian israeli cease-fire hold, a man who advised six secretaries of state on the middle east is assessing it from many angles, he's a long-time author and diplomatic policymaker. i asked him who has the upper hand in this conflict. >> there are two clear winners. hamas for sure. look at it very simply. it was ham par mrkhamas oi rock have once again put the palestinians on stage. number two, you've witnessed two weeks of officials literally showering hamas with recognition and money. the foreign minister of egypt, the foreign minister of turkey, the president of turkey wants to come. finally, hamas again driving their own narratives have withstood the military power of the middle east's most preeminent military force, israel. so hamas on this one stands to win. if you add to that the possibility that the israelis may well begin to open up and ease some of the economic restrictions, hamas' legi
opening border crossings and easing israel's economic blockade in gaza. crowds in gaza celebrated at the end of the eight-day deadly conflict. >>> so ken, the palestinian israeli cease-fire hold, a man who advised six secretaries of state on the middle east is assessing it from many angles, he's a long-time author and diplomatic policymaker. i asked him who has the upper hand in this conflict. >> there are two clear winners. hamas for sure. look at it very simply. it was ham par...
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israel is going to react to that. i think you'll see a very intense demonstration between them to cease and decysist. >> gaza is not a big area. at some point they have to run out of pockets to some degree, don't they? >> yeah, but that's a big risk. so the big driver of the israeli operation right now is the long-range rockets that were allegedly supplied by iran and which hamas has been using to target major urban centers in israel like tel aviv, like jerusalem. tel aviv has been the red line for israel, and as long as hamas has been in possession of these rockets and can maintain that threat against israeli population centers, israel can't afford to sit back. so the air strikes, yes, they have been achieving some success, but hamas has still been lobbying those rockets over. we saw that today with strikes in jerusalem as well as in tel aviv, so it really comes down to that intelligence question. how many rockets does hamas have in its possession, and if hamas is able to get out of this with some rockets, that's a h
israel is going to react to that. i think you'll see a very intense demonstration between them to cease and decysist. >> gaza is not a big area. at some point they have to run out of pockets to some degree, don't they? >> yeah, but that's a big risk. so the big driver of the israeli operation right now is the long-range rockets that were allegedly supplied by iran and which hamas has been using to target major urban centers in israel like tel aviv, like jerusalem. tel aviv has been...
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i wouldn't call it credit for pressuring both israel and the egypt to get hamas to agree to the cease-fire. it is a very limited cease-fire. it won't last. it doesn't change the strategic environment and it clearly gave morsi the view that he would have a free hand domesticly to do what he has just done. melissa: i don't want to let you go without asking you i was struck by pictures exhuming yasser arafat questioning what he did of. what do you think of that? >> i don't think he died of polonium poisoning. only people that used that is soviets. i don't think they killed arafat. i think this is way pinning his death on somebody else. as happens in that part of the world it is not their responsibility but somebody else's. melissa: why now? >> an issue kicking around for quite some time i think circumstances led to it being this time. i don't attribute to any grander plan. i don't think it will fundamentally change the circumstance there is. melissa: ambassador, thanks for coming on. we appreciate it. lori: drop in the buckket. we know people with families more than $250,000 even make a debt
i wouldn't call it credit for pressuring both israel and the egypt to get hamas to agree to the cease-fire. it is a very limited cease-fire. it won't last. it doesn't change the strategic environment and it clearly gave morsi the view that he would have a free hand domesticly to do what he has just done. melissa: i don't want to let you go without asking you i was struck by pictures exhuming yasser arafat questioning what he did of. what do you think of that? >> i don't think he died of...